Is the contract too indefinite to be enforced

Assignment Help Business Economics

Reference no: EM131004781

In letters between the two, Rita Borelli contracted to sell “my car” to Viola Smith for $2,000. It was later shown that Borelli owned two cars. She refused to deliver either car to Smith, and Smith sued Borelli for breach of contract. Borelli raised the defense that the contract was too indefinite to be enforced because it could not be determined from the writing which car was the subject matter of the contract. Is the contract too indefinite to be enforced?

Reference no: EM131004781

Questions Cloud

Find the case entitled : Find the case entitled In Re Samuels & Co., Inc., 526 F.2d 1238 (5th Cir. Tex. 1976). This case is in Week 5. After you have read Part 7 in the textbook (in a paragraph) discuss this case and why it comes under Section 9 of the UCC.

Suppose the economy has a natural rate of unemployment : Suppose the economy has a natural rate of unemployment of 6%. Suppose short-run output over the next 4 years is +1%, 0%, -1%, and -2%. According to Okun's law, what unemployment rates would we wxpect to see in this economy?

What is the economys expenditure and income : Suppose that the economy consists of only two individuals, Leland has $1290 available to spend on goods. He decides to purchase $530 worth of produce from Krista in the current quarter. No other economic activity takes place during the current quarte..

Aggregate demand according to life-cycle theory : On October 19, 1987, the Dow Jones industrial average dropped about 500 points or a little more than 23%. What effect should a decline in stock values of this magnitude have had on aggregate demand according to the life-cycle theory of consumption?

Is the contract too indefinite to be enforced : In letters between the two, Rita Borelli contracted to sell “my car” to Viola Smith for $2,000. It was later shown that Borelli owned two cars. She refused to deliver either car to Smith, and Smith sued Borelli for breach of contract. Borelli raised ..

Considering entering industry in completion with incumbent : We considered a sequential move game in which an entrant was considering entering an industry in completion with an incumbent firm, Consider now that the entrant, if fought, has the possibility of withdrawing from the industry (at a loss of 1 for the..

Explain the potential impact the high cost of college : Explain the potential impact the high cost of college could have on the unemployment rate. Explain the potential impact the high cost of college could have on the labor force participation rate.

Reduce the production cost during the economic recession : Under what conditions can we be sure that perfect competition leads to a more efficient use of resources tan monopoly? How prevalent are these conditions in the real world? As an employer wants to reduce the production cost during the economic recess..

Effect that the cartel appears to have had on vitamin prices : A group of vitamin manufacturers formed a cartel that lasted through most of the 1990's. State the starting and ending dates of the cartel. Just show the dates. More importantly, explain the effect that the cartel appears to have had on vitamin price..

User Account

All Pages